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New India Insurance

New India

The New India Assurance Company Limited

About the company

Established in 1919, The New India Assurance Company Limited is the largest non-life insurance company in India and a leading force in the Afro-Asian region. As a Government of India undertaking, it is one of the oldest and most financially stable insurers in the region, operating through a partnership with the Rais Hassan Saadi Group in Dubai.

With a rich history of 105 years, they have built a vast network of over 1900 offices throughout India and have established a global presence in 25 countries.

They have a Global Premium of US$ 4.67 Billion and a Net worth (including Fair Value) of US$ 3.15 Billion. Solvency margin, at 1.91x (Global), surpasses regulatory requirements, showcasing stability and reliability.

 

Key Insurance Products

New India Assurance is primarily known in the UAE for its robust motor and commercial portfolios.

Category

Key Offerings & Features

Motor

Comprehensive & Third-Party: Coverage includes accidents, fire, theft, and natural calamities. Add-ons: Off-road (4WD), 24/7 Roadside Assistance, and Agency Repair.

Health

Individual and Group Health plans with access to major networks (often managed via TPAs like NextCare or Neuron).

Marine

Cargo, Hull, and specialized “Sellers Interest” insurance for the UAE’s active shipping sector.

Specialized

Jeweler’s Block, Money Insurance, Fidelity Guarantee, and Professional Indemnity for various business types.

Corporate

Property, Engineering (Machinery Breakdown), Liability, and Workmen’s Compensation.

 

Core Information

  • Legacy: Founded by Sir Dorabji Tata in 1919; over 60 years of operation in the UAE.
  • Global Standing: Largest non-life insurer in India with a presence in over 25 countries.
  • Financial Strength: Consistently rated AAA/Stable by CRISIL and B++ (Good) by AM Best, reflecting high reliability and claim-paying ability.

Our Trusted Insurance Partners

Partnering with Leading Insurance Providers to Offer You the Best Coverage in the UAE

we collaborate with a wide network of reputed local and international insurance providers to bring you the best coverage options in the UAE. Our partners are carefully selected for their credibility, reliability, and comprehensive insurance solutions, ensuring that you have access to policies that fit your needs and budget.